Retail in Asia

In Markets

EU firms wary of unpredictable China rules

European firms remain optimistic about China’s economic growth prospects, but are less confident about the near-term outlook for profits and are very concerned about regulatory unpredictability, according to a survey.

As in the past, the poll found widespread unhappiness among EU firms about regulatory interference and uncertainty. The vast majority of respondents did not expect regulations for foreign companies to become fairer in the near future.

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(Source: scmp.com)